Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[BTCMILLIONAIRE]

$1.5K incoming.

or $70k

 Naaaa, surely not?

We crossed the prior ATH of $1166 in April 2017.  

Is it really out of the question that the price could go back to April 2017?  


We are already back to August 2017.  

Should we be worried?

I don't think there's any more room for not considering underestimating the importance of beginning to start the process of mulling over the conceptualization of starting to worry.


And the time to do it is... very soon.

Nah I think I’ll just forgot to worry too. Stop fucking around with Bitmex and buy physical.

Physical gold and silver?


https://www.youtube.com/watch?v=E1i4-6pt3Dk

[Icygreen]

Is it wrong that I'm enjoying watching CSW and his shitcoin self destruct? He just needs to blow through the rest of Calvin Ayre's money and then I'll be happy to see the BTC price to rise again.

There's a suspicion that perhaps Craig is playing this, knowing very well that it'll fail and the direction of the market. Perhaps short positions on bitmex? 

Actually, BCH derivatives on bitmex only account for the ABC side of the split. Or you mean BTC shorts?

Yes, BTC shorts. Someone else mentioned it here shortly after the split.  

[HairyMaclairy]

Physical gold and silver?

Yes I have decided that Roach was really right all along.  I should have paid more attention to the Essex pyramid.

[El duderino_]

I remember people calling double figures as we fell down from the God debacle. I think $1500 is equally as dramatic a prediction. Way too bearish imo.

And if so .... we just gotta stay in our pants and keep on hodling we are all the way back down here so a few bucks lower ain’t no drama for the HODLERS mindset - hodlers goals......

[kaeltr]

Unlikely that we meet 200w SMA in one move.

It just hit the 200w EMA.

More likely first up, ... then down again later ...

 ... then up ...

... and then even more up.


- something like that

[kaeltr]

... and gold first up, ...

... then down ....

... and then even more down ...

...then we all die, ... then it will rise again (in around 60 years or so...)

[Last of the V8s]

Fuxxake this is like after you have a big steak meal. Shit it all out you think. But you gotta keep on wiping cos there's some bits of turd up in there that just keep coming. In the end you fool yourself, clench tight and stand up saying it's all over. But the under-pants know. It's not over.

[Last of the V8s]

fuck off and sell me your bitcoins

[LFC_Bitcoin]

Has everybody started buying AGAIN now?

I bought pretty much all of my coins in 2014 & am still HODLING most of them now. I decided to stop buying when we went back to $1000 after the Gox crash. Seeing that we reached $19,xxx last year though makes me think these are cheap coins atm.

I bought some the other day & am thinking about buying again today.

So who’s buying now or are you waiting to go lower still?

[d_eddie]

Has everybody started buying AGAIN now?

I bought pretty much all of my coins in 2014 & am still HODLING most of them now. I decided to stop buying when we went back to $1000 after the Gox crash. Seeing that we reached $19,xxx last year though makes me think these are cheap coins atm.

I bought some the other day & am thinking about buying again today.

So who’s buying now or are you waiting to go lower still?

I am bracing for weekend shenanigans. Hold school sideline style. Oops, old school.

[El duderino_]

^
I know your pain. Let the doctor prescribe you something with quetiapine - small dosage (25mg).

It really helps with those unpleasant things.

Makes a little sleepy, so better take it before sleep (if you sleep at all, I mean).

Mmm newbie around here

Could only be a NEW Guy talking

And yes we are all in pain cause constantly tards talking of what they don’t understand

[El duderino_]

fuck off and sell me your bitcoins

The NEW Guys have no coins to sell .... very Maybe tron or ripple ..... cause  that something they can have a full coin of....

[Gyrsur]

Kraken.com with automated split functionality for pre-fork BCH.

https://status.kraken.com/incidents/1ty8pmw30jqn

Happy Dumping!  

EDIT: tested and it is working.

[Yaplatu]

[realr0ach]

Nobody thought it would happen. But here it is, happening.

You're right, NOBODY could have possibly seen this coming.  Dec 23, 2017:

Chart indicates 2 shakeouts before the pump, then price returns to the average of the bottom of the 1st and 2nd shakeout.  So bitcoin around $4200 incoming.  Probably won't happen till after Martin Looter Coon day.

Bonus round:

Please, no one trample JayJuanGee in the rush to the exits, as he will be hodling all the way to $4200:

Mmm probably you Made that prediction right after when torque sad (@ around ATH) many Will be crying when it Goes back to below 5K and it Will he said...... we need this kind of shakeouts etc

So your prediction Will be based on that i guess

Or just trolling and accidentaly come true also possible

My forecast when it was $20k was not based on anything other people said.  My forecast was based entirely on treating bitcoin as a completely valueless pump and dump that's occurred in markets millions of times before.  The people who are losing everything are the ones that pretend "this time it's different", under the delusion that bitcoin is somehow destined to become the world reserve currency or something like that when it's fundamentals are god awful compared to gold and silver.  Anyone who has been in this market long enough (especially the MatTheCat days), knows bitcoin trades solely like a pump and dump scam and nothing else.

I had also mentioned it would probably stabilize around $4200 but would have flash crashes to $3k, but that wasn't quoted above.  Since bitcoin trades solely like a pump and dump, even if it does stabilize here, it requires a new pump and dumper to come in and accumulate and then do all the fakeouts and other bullshit again.  If no new pump and dumper attempts to take the reigns, then it's not going anywhere.  However, as I've said numerous times before, the entire worldwide bitcoin market is controlled by a single entity operating on Bitfinex through fraud.  It would be great if none of you sell anything so there's tons of shoeshine boys ready to dump on him in case he tries his pump and dump scam again.

There are also other factors like how many miners will go bankrupt in the current market rout.  Bitmain seems to be having a lot of trouble and looks pretty shaky.  If they went bankrupt, the bottom would probably drop out of the pseudo, temporary price floor for instance.  I have no idea how much hashpower Bitmain INC personally controls (25%? 30%? 50%? more?), but I imagine most of it would turn off simultaneously if they went bankrupt.  Depending which miners go bankrupt in the current rout (and many will), TERA's prediction of a $1000 bottom or lower, or whatever it was, might actually come true.

[ninobtcx]

Has everybody started buying AGAIN now?

I bought pretty much all of my coins in 2014 & am still HODLING most of them now. I decided to stop buying when we went back to $1000 after the Gox crash. Seeing that we reached $19,xxx last year though makes me think these are cheap coins atm.

I bought some the other day & am thinking about buying again today.

So who’s buying now or are you waiting to go lower still?

Congratulations for holding since 2014, balls of steel.
Myself, buying, and will keep doing so even more if we go below 4000, which I don't think will happen as total market cap for the entirety of bitcoin in the world is already low enough.

[Last of the V8s]

Has everybody started buying AGAIN now?
I bought pretty much all of my coins in 2014 & am still HODLING most of them now. I decided to stop buying when we went back to $1000 after the Gox crash. Seeing that we reached $19,xxx last year though makes me think these are cheap coins atm.
I bought some the other day & am thinking about buying again today.
So who’s buying now or are you waiting to go lower still?

Nice hodl.
Not sure much will happen over the long w/e.
Expecting a third leg of the dump when/if CSW sobers up/Dimon's minions get back to work.
Not waiting, but buying. Here and up to 15% lower, but the bounce may be too strong to catch much without bids set.
If it doesn't bounce, more buying over the next few months.

fuck off and sell me your bitcoins

The NEW Guys have no coins to sell .... very Maybe tron or ripple ..... cause  that something they can have a full coin of....

He better sell all that shit too, gonna plummet.
The shitcoins are going to plummet, right?

[LFC_Bitcoin]

Not sure much will happen over the long w/e.
Expecting a third leg of the dump when/if CSW sobers up/Dimon's minions get back to work.
Not waiting, but buying. Here and up to 15% lower, but the bounce may be too strong to catch much without bids set.
If it doesn't bounce, more buying over the next few months.

Congratulations for holding since 2014, balls of steel.
Myself, buying, and will keep doing so even more if we go below 4000, which I don't think will happen as total market cap for the entirety of bitcoin in the world is already low enough.

+ 1 WO Merit each

Sorry I’ve ran out of sMerit’s.

[realr0ach]

Myself, buying, and will keep doing so even more if we go below 4000, which I don't think will happen

Like I said above, as the price crashes down to around cost of production in the bear market, where it goes is mostly dependent on how many miners throw in the towel and how many simultaneously spend money to mine coins while also buying all the coins that go below their cost of production in order to try and rig the market up.  You could tell lots of big miners were already trying to rig the price upwards when it was around $10k and failed.  So many of these big miner market riggers are already insanely underwater trying to prop it up.

[Last of the V8s]

fuck off and sell me your silver